NIFTY 50

Oil prices edge up on hopes for US-China trade breakthrough

Updated : February 14, 2019 08:27 AM IST

US West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement. They closed up 1.5 percent on Wednesday, having touched their highest since February 5 at $54.60 a barrel.
International Brent crude oil futures had yet to trade. They closed the previous session up 1.9 percent, after marking their strongest since November 21 at $63.98 a barrel.
Optimism that a trade deal could be reached between the United States and China was boosted when US President Donald Trump said talks were going "very well".

You May Also Like

Live TV

recommended for you